Theralase Technologies Inc. V.TLT

End of Q3

[N0taP00p]

Some of us mentioned the fact that if there's a saviour who's willing to buy a large chunk of whatever PP was floated, we should have known by last week.  No need to speculate anymore?  At this point, it seems likely that the flurry of NRs was to try and amp up interest. So much for that. At this point, our only hope is that they don't push BTD again.  If it pushes to Q4, some will still say "imminent". I'll finally be selling most of my shares,  after waiting more than a dozen years, and extending my sell timeline by one year. From the RIGHT side of my brain,  Godspeed to the TLT team to get this over the FDA hump in Q3.

[Oilminerdeluxe]

Isn't BTD, if it comes, scheduled for Q4 already?

[N0taP00p]

@Oilminer: I guess we'll need to hear some official version of that. I don't remember seeing anything.  I'd feel encouraged if they said they resubmitted the pre-BTD application with full validation completed by the central lab + 450 day data. 

[Oilminerdeluxe]

I think someone did some math and concluded October. But I might remember it wrong. 

[plantrader]

From May 30th 2024: "The Company plans to resubmit the pre-BTD submission to the FDA in 2Q2024/3Q2024 for FDA review of these clarifications. Once the pre-BTD submission has been accepted by the FDA, the Company will compile a BTD submission for review by the FDA in support of the grant of a BTD approval." In trying to connect the invisible ink dots: This stated timeline means they have

[N0taP00p]

@Plantrader: Thank you. Probably a more realistic timeline. Let's hope they are able to submit the pre-BTD on time and get the money they need for Q4. I am assuming we will get an update in the Q2 report sometime in July or August, unless we get an NR specific to the submission before then. 

[Legit62]

Plantrader thats right to the point, lets not beat our selves up and lets  plan on BTD by end of 1st half of 25 to be safe ,unless for some miraculous happening we get bought out